Feds report lower than expected jobless claims as employment growth is slow

Jeff Coxclaims total 860,000, vs 875,000 expected

The Labor Department reported Thursday that first-time claims for unemployment insurance beat Wall Street estimates last week as the U.S. economy enters a critical new stage.

Unemployment filings totaled 860,000 for the week ended Sept. 12, as Dow Jones economists had expected 875,000, against the previous week’s upwardly revised 893,000.

More at CNBC.COM


Sponsored Content

Sponsored Content